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ContraryTrader
Jun 16, 2021 3:39 AM

SE (rejected breakout) Short

Sea LimitedNYSE

Description

Consolidation breakout rejected. Broke trendline support (greenline).
Fib levels shown.

a Drop below 248.20 is a double top
Comments
CharisChr
hello , thank you for sharing , pls explain my why you say that the breadown got rejected ?
ContraryTrader
@CharisChr Its not makingn new highs since Feb. look for a move above Feb high for a true breakout.
CharisChr
@ContraryTrader, i see that you mean ! thank you , keep up the good work !
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